Dream Inn
$6,400,000
2425 Merced Street, Fresno, CA 93721
0.78 acres
Lot Area
50
Keys
Details:
Highlights:
- Room and Subway Restaurant Revenue Has Increased Annually Since 2022
- Well-Maintained Property | Minimal PIP Required
- Significant Upside with On-Site Subway Restaurant
- Less Than a Mile from Community Regional Medical Center, Home to Central California's Highest Level of Care
- Minutes to Fresno City Hall and Veterans Memorial Museum
- Short Drive to California State University, Fresno (25k+ Enrollment)
- 6 Miles to Fresno Yosemite International Airport
- Nearby Attractions Include Chukchansi Park, Veterans Memorial Museum, Fresno Art Museum, The Big Fresno Fair and More
Description:
Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the Dream Inn, a two-story full service hotel located in Fresno, California. The hotel's 50 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. The hotel offers several amenities including an on-site Subway Restaurant, an outdoor pool and guest laundry facilities.
The on-site Subway restaurant is fully owned, and the new owner will acquire both the Subway and the hotel.
The hotel is well located within walking distance to Fresno City Hall and the Community Regional Medical Center.
The Dream Inn is an opportunity to acquire a hotel in a desirable market near several demand drivers. At a list price of $128,000 per guestroom (including the Subway Restaurant), the property is offered at a price below replacement cost.
The hotel is pre-approved by Choice Hotels to be franchised.
Click Here For Offering Memorandum: https://allredhotelgroup.com/?propertyId=FresnoCADream
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